Have you considered a home equity loan to
Posted By: mtmtmt on 2008-07-02
In Reply to: Paying down debt - Overwhelmed.
pay off all your credit cards?
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- Paying down debt - Overwhelmed.
- Have you considered a home equity loan to - mtmtmt
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File for bankruptcy protection if you have equity in your home
dd
Stated Income Home Loan
I am a self-employed IC and have purchased 4 homes in 4 different states as a single person. I was able to obtain a Stated Income Mortgage based on my credit, rather than my W2. No tax info was used, needed or requested. I guess, if your income is needed along with your husband's to qualify for a loan, then you would need the W2 info. But as a single person you can obtain a home loan based on your credit and not your tax info. Also, if you don't have enough for a down payment, you can take out a "second" against the house you are purchasing to finance your downpayment. You will have a short-term payment for the downpayment and your 30 yr note on the home. I was also able to obtain very low interest rates based on my credit rating.
Good luck, I did have to provide extra documents when I purchased one home with my exhusband.
Divorced, never considered myself single (?) and bought my own home
years ago - the price was unbelievable, 15,500 and sold it 2 years ago for $165,000. Quite a deal huh?
If your loan is an FHA-backed loan, you can contact the
to help you. Each state has one assigned to it by the FHA. I'm talking the FHA loans that are 5% down, sometimes bond money is available, etc. Not the one where payments are based on your income, etc.
Whatever you do, contact your mortgagor TODAY. Do NOT delay. Be realistic about what you can do financially to recover -- do not agree to terms you cannot realistically carry out.
You should have several options available to you before foreclosure is started. You might even try to do a quick sale of your home. You have until the very moment they auction that title off.
Try looking for information here:
http://articles.moneycentral.msn.com/Banking/HomeFinancing/FacingForeclosure9Options.aspx
http://www.hud.gov/foreclosure/index.cfm
http://www.hud.gov/offices/hsg/sfh/nsc/reliefop.cfm
1/2 the equity is not enough
He is just afraid of you getting more at this point. If you got a good attorney, not only would you get 1/2 the equity, but alimony and child support. I know it is hard, but do not let him bamboozel you again. He sounds very selfish. Marriage is a 50/50 undertaking you are not his possession or his servant. Above all know that it is not you, but him that has the problem. Do not fall into the trap of feeling that you are the one to blame for any of this. Prayers that this all works out for you
Take your share of the equity and go (sm)
Not trying to be harsh here, but if you want to lose weight and become better organized, that's for YOU to decide. I have struggled with my weight always, now am the highest weight I ever have been. I am not an organized person, never have been, never will be. Luckily, DH doesn't seem to mind any of this. If I had to struggle constantly to try to be something I wasn't, I'd be a basket case. It's not worth the effort. You decide how to want to be, NOT him. Good luck.
I'd tell him to take half the equity and get out - sm
not you. I am in a similar situation. I have gained about 70 pounds since we married, and 2 kids later. I never kept a great house but I was very organized; but several things have happened over the past 3 years and I have become less organized and I think mildly depressed as well. He used to nag me constantly about my weight but has finally backed off as I think he just stopped caring. I resent(ed) his constant harping about my weight and I think gained more in response; I was 30 pounds less 3 years ago. Even the kids know something is not right though we do things together as a family my DH screws it up somehow and the kids end up in tears half the time or I get upset over some mean thing he said. My younger one has said she wants to live with him if we ever divorce, how sad is that (he is more lenient as he wants to be liked by the kids). His mom is a clean fanatic, they had to shower in the basement as she did not want them messing up the bathroom, before that they had to wipe dry and clean the shower/tub everytime they used it. When she is here she picks up and folds every loose thing, etc. Her home is spotless but she has no kids or animals; we have 2 dogs and a cat and 2 kids who can make a mess really fast. I take care of everything around here but the cooking plus work 3 jobs to boot, so that is one reason the house is not a Good Housekeeping showplace, the other is I hate cleaning.
I would not change for your husband though. I am however going to try and lose this weight, though not for him. I get out of breath very easy now and I want my health to stay good. I am curious to see what reaction I get from him when I do, I suspect he won't like in in the long run, especially if I can pull it off and look darn good in the process. I am also considering getting a cleaning person to come in once a week and clean, but I will tackle that in the Fall. I did get one of those robot vacuums but have not tried it as yet. I also am thinking about seeing a divorce lawyer just to see what my options are in case he pushes me to my limit. He has threatened me with divorce but I doubt he will do it but in case he does go and spring that on me I want to know what I can expect. I think for money reasons alone would not do it as I would fight for half the house equity though it is not in my name we bought it after we were married and have lived in it for 9 years together; half of some property we own (my name is on that deed) and half his 401K from the point we married to present. So he would owe me a tidy sum, I estimate about $185K; so basically he'd have to pay off the house and give it to me as a divorce settlement + child support for 2 kids. He would be pretty cash poor for quite a while but could build a house on the property which would kill him as he wanted to have no house payments by 50 (he is 48)-- I'd want full custody of the kids but I am afraid of some financial issues that would prevent me from being awarded them; so that is why I want to see a divorce lawyer before he does (he has threatened that 2 x, but as he is a big talker I kind of ignore it, but I need to stop being naive about it just in case he does follow through for a change). You need to do the same thing, contact a lawyer and find out exactly where you stand, you have nothing to lose by doing this. I plan to do this as well, once the kids are back in school as I cannot very well drag them with me and have them come home and say, mom went to a divorce lawyer today, yeah, that would go over well.
But your husband and mine sound very alike. I know my kids love me despite my youngest saying she'd rather be with daddy, though after our disaster outing yesterday I doubt she feels that way. She says I work too much which is true but I use it as an escape too which is not good. I had a lot more time off last summer but took on some extra work lately and it has been very busy this summer. I have promised her to start taking off every other weekend so we can do more together so that should help some for us and for me mentally as well. Good luck.
Why can't you take the loan for the 50% they -
offered and then payback immediately what you don't need? As long as there is no payback early penalty that is how I would get around that problem, that is if I am reading and understanding this right.
we just had to ask our in-laws for $500 loan
they're like a bank to us ;)
we just had to ask our in-laws for $500 loan
they're like a bank to us ;)
we just had to ask our in-laws for $500 loan
they're like a bank to us ;)
No, they wont LOAN us the 50% (sm)
Not a single bank wanted to loan us the money unless we paid all kinds of points and had a ridiculous interest rate - and only 1 out of 10 said they would do that. The others turned us down flat.
I guarantee if I had half a dozen kids and was on some kind of government assistance we would qualify.
We will keep on keeping on, and hopefully something will change for the better.
thanks everyone for your responses.
FHA loan might work for you
Your credit score can be lower than for a conventional loan and you can get into the house with a down payment of only 3.5%. But I don't believe you can have BAD credit--more like fair. If you have anything unpaid (old bad debt, etc.), then they'll make you take care of those before they give you a loan.
Telling you the appraisal from 3 years ago isn't right, and he knows it. Valuations are down practically everywhere and, depending on your region, could be down substantially. And this business of getting his friend to appraise the house is shady, too. You sure this guy is a good guy?
Lots of people got into big trouble by buying a house before they were ready financially to do so. Tread carefully.
Has anyone had experience with a consolidation loan?
gg
Providing references when getting auto loan
I have to buy a car and the finance company (Capital One) requires 10 references. I don't know this many people. Has anyone been in a similar situation...what did you do?
I have family, but do not want them to know that I am buying a car. Any advice?
I could loan you my husband for a week. I'm not frugal,
mm
single wide are only kind to depreciate; hard to get loan
nm
Guess he can take out a loan for future schooling! Son found a phone
s
Now it is considered, get this
astronaut stress. Well, I have QA stress. Anyone got a knife?
Well have you considered
dental hygiene? My other sister does that and last I heard made around $200 a day. She has a 2-year degree.
Oh BTW, am considered senior so
noticed how you signed and am sure probably older by lots of years than you!!
Have you considered a Kodak? sm
I just bought a Z712 IS, it is 7.1 megapixels, with 12X optical. It is really nice. I just upgraded from another Kodak with 4 MP and 10X optical that I've used over the last 4 years, taken thousands of pictures (daughter's high school years and marching band - some pictures even made it into the yearbook). So, was really excited about getting one with 7.1 megapixels, and 12x optical. Tried a few shots last night and they were great. Anyway, they have them on e-bay. We've been really happy. It is considered refurbished, but was never used before. Not a problem with our old camera.
and at what point is it considered
is it okay to spank as long as you only do it 3 times? or maybe if you only hit on the bottom? or maybe you "spank" with a belt? or whatever other object you can get your hands on?
The problem with spanking is some adults don't know when to stop. I, too, was beaten with a belt as a child and I have never laid a belt to my children and never will. Spanking with a belt is BEATING. I was "slapped" across the face numerous times as a child for speaking out of turn, and to this day, I still wince when my mom gets upset and raises a hand. It's not respect for my parents that I have in these instances, its fear. It's a shame that too many adults have come to confuse the two.
Have you considered Dyson? sm
We have had a Dyson for about four or five years now, and I adore it. You just would not believe what all it picks up. Hubby and I both have allergies AND indoor cats, and if we use the Dyson as often as we should, we can tell a significant difference. We bought ours after trying a friends. They are lighter weight than the Rainbows and Kirbys, and also have an added advantage of being significantly cheaper. Just a thought.
HC
But a lot of things are considered sins...
Like living together, sex outside of marriage, even using birth control of any kind, depending on your religious beliefs. Yet all grocery stores carry magazines and tabloids that report on celebrities and other people doing those things and more, and books (fiction and nonfiction) with that kind of thing. Why are those books and magazines with hetero sins any different from the ones with homosexuality? Isn't sin, sin? And it's everywhere, so how far do you want to take your boycott? I really do respect your opinion and your right to it. I just don't quite understand it.
I don't understand why some people seem to have such a seething *hatred* of homosexuals. I mean, gay people are just people, like anybody else. Some good, some bad. I don't want to know what they do in the privacy of their own home, but I don't want to know what hetero people do in the privacy of their own home, either! Either way, as long as it's two consenting adults, why would I care? It's none of my business.
BTW, I just saw Brokeback Mountain on HBO for the first time the other night. I thought it was heartbreaking. To think that two people who love each other so much could never really be together. How is that okay? (Yes, I know it was fiction, but it happens/has happened in reality.) I just think that's so incredibly sad. Don't we need more love in this world?
Okay, off my soapbox!
It is considered a double negative, sm
and not standardly use. Use "regardless", or "irrespective". It is considered bad grammar.
considered quality foods by whom? sm
I have heard many negative things about both of these pet foods for years. I do not consider them to be quality foods, by a long shot, and this was even before the tainted food scandal. That's what I am talking about.
Considered being the driver instead of the passenger?
I too have RLS. I have found that for some reason I do much better as the driver than as a passenger. Can't explain it but it's true.
Have considered it before - would they listen to me, his wife? (sm)
Would I have to show proof?
What exactly is considered Middle Class?
Unless I heard wrong last night, during the debate, $250,000 is considered "Middle" class. I don't think so.
Anyone?
18 IS legally considered an adult.
x
Is Express Scribe considered a FTP?--nm
;;
anybody know if organ donation was considered? nm
xx
Well, there's an angle I hadn't considered...
Good point, longtimeMT...I hadn't considered the possibility that her 'type' are usually the ones on the boards of HOAs. The ones who think they know what's best for everyone.
I'm giggling so hard at her ludicrous posts that I fear I might wet myself. Talk about pretentious! I'll take my cozy little apartment with my hubby and pets and the WARMTH and LOVE therein over her snooty TRACT HOUSING any day.
Too bad she doesn't appear to realize she isn't IMPRESSING us, she's ENTERTAINING us!!!
What is considered appropriate if a neighbor's relative passes away. SM
My neighbor's uncle passed away. She and I are friends, but not best friends, we basically see each other every day as we walk our dogs and we talk every day. Her uncle just passed away and I was unable to go to the wake. The funeral is today, but I cannot go to that either. What is the appropriate thing to do here, a card, flowers, what? Any ideas would be appreciated. Thanks.
Have you considered Florida? They have some of the most beautiful beaches I have
ever had the pleasure of walking on in the U.S. My son was stationed at Eglin AFB in Florida; he and my DIL lived in Ft. Walton Beach, and I would go there quite often...I immediately fell in love with their beaches..I usually don't like sand but theirs is white and very fine..they don't call it the Emerald Coast for nothing. The people are very friendly and I had the time of my life there. I also love to fish and they have the best seafood. I am a native Californian but I LOVE FLORIDA. They have a very special place in my heart...just an idea for vacation..
Anyplace bluejeans are considered 'inappropriate' is
nm
Iams and Science Diet are considered quality pet foods and they
ijl
Make sure whatever you use for skewers aren't considered a weapon by the school. sm
Some schools are absolutely militant about anything that even looks like something that might be used as a weapon, no matter the reason or who has it.
Buy a home of my own - not a palace, but more of a smallish home on a large piece of land. (nm)
.
Anyone move from a single family home to mobile home? sm
I own and live in a house in a midwest city in a bad neighborhood (wasn't that bad 11 years ago). I spent the day waiting for the plumber to come and jackhammer the foundation (slab house, no basement) to find a leaky pipe that is flooding my DD's bedroom. Last week, it was the electrician with quotes for costly repairs.
In the meantime, I've really been thinking about selling out and moving into a mobile home. Has anyone done this before? Is a mobile home in a decent park less of a hassle than a regular house? I'm so tired of cutting the grass and spending $$ to fix things and tired of old flooring and cabinets, etc., that are just too costly to replace. I'm single with no man to do these things for me and I can't afford a mortgage on a newer house in a good neighborhood. Some of the pictures I've seen of the mobile homes look really nice and modern on the inside.
Any advice and comments appreciated. Thanks!
Well I figure I can make my own hours & be home when the kids are home (sm)
I worked PT in an office for a while but spent most of my money on childcare in the summer. Full-time in an office was just a nightmare and I felt like I missed a whole year of my children's lives. I want to be in control of my schedule so that's why I'm looking into the cleaning thing. Never thought I would want to do that but live and learn! Some of the most intelligent people alive work as carpenters and similar things because they have learned what's really important in life. Whew....off my soapbox now :-) Good luck to you!
Daniel had a home, a very good home...
with someone in my family at one point.
She met her late husband at a club down the freeway from me. It's not a fancy place, like you say.
She does have a real brother though. That was the connection on our part.
I agree, though. It is sad that all this is coming out the way it is. I believe she was a good person...she just had a lot of problems, mainly drugs. What is really sad is that all of this is going to be seen by her daughter one day when she grows up.
Home Alone 1, A Christmas Story, Home for the Holidays, Chevy Chase's Christmas, sm
There "The Gift of the Magi," He sells his gold watch to buy her a comb for her hair and she sells her beautiful long hair to buy him a chain for his gold watch. It used to be on "Short Stories by O'Henry" but that's long gone, long ago. Good moral to the story. I can't stand "It's a Wonderful Life" -- too depressing, especially with banks closing, too intimidating right now!!!
Home sweet home.
x
Home, Home, On The Range SM
where the beer and the cantaloupe play . . . where seldom is heard . . . .
What happens at home stays at home. (nm)
:op
She is home, by that I mean she is 1 mile from her home.
I am the one that moved away. My brother lives there, but she requires 24-hour nursing care right now, and he is unable to provide that for her. My son is graduating high school this year and I plan to move back to take care of her, but I just can't until then. I did tell the adminstrator that they have 24 hours to figure this out, and then we will bring in the police. I have also threatened to go to the media, and this facility has a very excellent reputation and is run by the Brethren Church, so I would think they might not want bad publicity. It is a pretty small town and this is one of only a couple of care homes in the area.
It's Your Home
And I would keep the display just as it is. He had no right to come to your home and tell you to take it down.
Yes ~ I just got home...
They took it back with no problems and he even let me open the new one at the courtesy desk before I took it home. Looking back now, and don't ask me why I remember or even noticed, but you know how when they pass stuff over that little round magnet thing at the checkout to disable the security sensor inside, it kind of makes a little noise, kinda like a little "boing" sound? Well, when I did the exchange today, he passed the new ink over that circle and it made that noise and for some reason I remember the other one didn't make that noise when I bought it. Now, I know why.
Like I said, don't ask why I would remember something like that. My head is so full of useless stuff like that it's a wonder I can do my job!
Where is Home?
I'm not talking about where you live now, either. I'm missing my "home" today, and I'd like to know, where is "home" to you? Do you ever miss it? Will you be heading "home" for the holidays?
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